Analysts Offer Predictions for EQT’s Q2 Earnings (NYSE:EQT)

EQT Corporation (NYSE:EQT) – Research analysts at Zacks Research lowered their Q2 2026 EPS estimates for shares of EQT in a report released on Tuesday, May 5th. Zacks Research analyst Team now expects that the oil and gas producer will post earnings of $0.57 per share for the quarter, down from their prior forecast of $0.62. Zacks Research has a “Hold” rating on the stock. The consensus estimate for EQT’s current full-year earnings is $4.58 per share. Zacks Research also issued estimates for EQT’s Q4 2026 earnings at $0.84 EPS, Q1 2027 earnings at $1.22 EPS, FY2027 earnings at $4.10 EPS and FY2028 earnings at $5.59 EPS.

EQT (NYSE:EQT) last announced its quarterly earnings data on Tuesday, April 21st. The oil and gas producer reported $2.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.32. EQT had a return on equity of 9.74% and a net margin of 31.94%.The firm had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.14 billion. During the same quarter in the prior year, the company earned $1.18 EPS.

Several other equities analysts have also recently commented on the stock. Scotiabank reduced their price objective on shares of EQT from $67.00 to $63.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 21st. Evercore boosted their price target on shares of EQT from $60.00 to $70.00 and gave the company an “outperform” rating in a research report on Monday, April 6th. Sanford C. Bernstein lowered their price objective on EQT from $73.00 to $69.00 and set an “outperform” rating on the stock in a research report on Monday, April 13th. Capital One Financial upped their target price on EQT from $64.00 to $68.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 28th. Finally, BMO Capital Markets raised their price target on EQT from $68.00 to $76.00 and gave the company an “outperform” rating in a report on Friday, March 27th. Two analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $69.08.

EQT Trading Down 0.6%

Shares of EQT opened at $58.71 on Wednesday. EQT has a fifty-two week low of $48.47 and a fifty-two week high of $68.24. The business has a 50-day moving average of $61.19 and a 200 day moving average of $57.68. The firm has a market cap of $36.72 billion, a P/E ratio of 11.14, a price-to-earnings-growth ratio of 1.03 and a beta of 0.59. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.66 and a current ratio of 0.66.

EQT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 6th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Wednesday, May 6th. EQT’s dividend payout ratio (DPR) is currently 12.52%.

Insiders Place Their Bets

In other EQT news, Director Vicky A. Bailey sold 4,116 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $59.80, for a total transaction of $246,136.80. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Todd James sold 32,514 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $61.12, for a total value of $1,987,255.68. Following the completion of the sale, the chief accounting officer directly owned 58,796 shares in the company, valued at approximately $3,593,611.52. The trade was a 35.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 65,274 shares of company stock valued at $3,989,120 in the last 90 days. 0.72% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On EQT

Institutional investors have recently modified their holdings of the stock. Reaves W H & Co. Inc. increased its stake in EQT by 213.3% during the 3rd quarter. Reaves W H & Co. Inc. now owns 1,029,234 shares of the oil and gas producer’s stock valued at $56,021,000 after purchasing an additional 700,732 shares in the last quarter. Sound Shore Management Inc CT lifted its stake in shares of EQT by 31.8% in the third quarter. Sound Shore Management Inc CT now owns 1,526,821 shares of the oil and gas producer’s stock worth $83,105,000 after buying an additional 368,748 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of EQT by 228.5% during the fourth quarter. SG Americas Securities LLC now owns 517,651 shares of the oil and gas producer’s stock valued at $27,746,000 after buying an additional 360,049 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its holdings in shares of EQT by 116.4% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 534,485 shares of the oil and gas producer’s stock valued at $29,092,000 after buying an additional 287,538 shares during the last quarter. Finally, KTF Investments LLC bought a new stake in shares of EQT during the fourth quarter valued at approximately $8,885,000. 90.81% of the stock is owned by hedge funds and other institutional investors.

About EQT

EQT Corporation (NYSE: EQT) is a U.S.-based energy company focused on the exploration, development and production of natural gas. Headquartered in Pittsburgh, Pennsylvania, the company concentrates its upstream operations in the Appalachian Basin, producing from major shale formations including the Marcellus and Utica. EQT’s primary product is natural gas, with production activities supported by associated liquids and conventional gas assets where applicable.

In addition to drilling and well development, EQT operates and coordinates the infrastructure and commercial activities necessary to bring gas to market.